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Merida Industry Co 9914.TW · TWD

Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan

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63.90

+0.79%

Close of 9 Nov 2026, in TWD

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About Merida Industry Co

Its shares trade on Taiwan Stock Exchange under the ticker 9914.TW. It has been listed since 30 September 1992. In the fiscal year to 31 December 2025, it reported revenue of TWD 26.76bn and net income of TWD 1.20bn. At that date it held total assets of TWD 35.20bn and shareholders' equity of TWD 19.39bn.

Merida Industry Co., Ltd. engages in processing, manufacturing, and sale of bicycles and related components. The company is headquartered in Dacun, Changhua. The firm is also involved in the trading of electric bicycles, bicycle frames and related components. The firm operates through three segments. The Domestic segment is engaged in the manufacture and sales of products in Taiwan. The Asia segment is engaged in the manufacture and sales of products in China and Hong Kong. The Europe segment is engaged in the sales of products in Europe.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Leisure Products
Listed since
30 Sept 1992

Leadership

Pay as last reported

  • Mr. Sung-Zhu TsengChairman of the Board, since 1994
  • Mr. Shang-Yuan TsengGeneral Manager, Chief Information Security Officer
  • Mr. Wen-Xiang ZhengDeputy General Manager-Marketing Affair Department, Director, since 1998
  • Mr. Ru-Ding LaiDeputy General Manager-Manufacture Affair Department, Director, since 2007
  • Mr. Ching-Cheng TsengDeputy General Manager-Domestic Sales Department, Director, since 2012
  • Mr. Qi-Bin YuanDeputy General Manager-Production Management Center, Director
  • Mr. Ming-Gen LiuDeputy General Manager, Corporate Governance Officer
  • Mr. Tsai-Jen LoDirector
  • Ms. Hui-Juan TsengDirector
  • Mr. Sung-Ling TsengDirector
  • Ms. Min-Hua Tseng-LuDirector
  • Mr. Jian-Nan ChenIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
51
Environment
69
Social
73
Governance
12
Direct emissions (scope 1)
1,582.096 t
Energy emissions (scope 2)
3,988.1 t
Value chain emissions (scope 3)
6,494.273 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Merida Industry Co Ltd has built a strong reputation in the cycling industry, known for producing high-quality bicycles and components. The company's long history and expertise contribute to its credibility.
  • Merida offers a wide range of bicycles catering to various segments, including road bikes, mountain bikes, and electric bikes. This diverse product portfolio enables the company to reach a broader customer base.
  • Merida Industry Co Ltd emphasizes innovation and invests in research and development. This commitment allows the company to stay ahead of technological advancements and continuously introduce new and improved products to the market.

Weaknesses

  • Merida relies on external suppliers for the raw materials and components used in its bicycles. This dependence may lead to potential disruptions in the supply chain and affect production timelines.
  • While Merida has a strong reputation in the cycling industry, its brand recognition among the general public may not be as high compared to some other well-known competitors. This limited visibility could impact market share.

Opportunities

  • With the increasing popularity of electric bikes, Merida can capitalize on this trend by expanding its electric bike offerings. By investing in research and production of electric bikes, the company can tap into a rapidly growing market segment.
  • Merida can explore opportunities in emerging markets where the demand for bicycles is growing. By establishing a presence in these markets, the company can expand its customer base and drive sales.

Threats

  • The cycling industry is highly competitive, with numerous established brands and new entrants vying for market share. Merida must navigate this competitive landscape and differentiate itself to maintain its position.
  • Economic fluctuations, such as recessions or currency fluctuations, can impact consumer spending and demand for bicycles. Merida needs to be vigilant and adapt its strategies accordingly to mitigate potential economic risks.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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